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Oil and Renewables

Oil and Renewables latest

Iran gas cutoff knocks up to 4,500 MW off Iraq’s power grid
December 24th, 2025 - 07:48 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

Iran gas cutoff knocks up to 4,500 MW off Iraq’s power grid

ALBAWABA- Iraq faces major energy shock as Iran halts gas exports, slashing up to 4,500 MW from national grid Iraq’s power sector was hit hard after Iran suspended all natural gas exports, wiping out 4,000 to 4,500 megawatts from the national grid and exposing the fragility of the country’s already overburdened electricity system. Spokesman Ahmed Moussa said Baghdad received an official notification from Tehran citing “extraordinary circumstances,” prompting the shutdown ...
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The crude oil prices have jumped during September 2019 futures settlement compared with August 2019
October 14th, 2019 - 09:30 GMT

Oman’s Crude Production Exceeds 29 Million Barrels in Sep 2019

The ship's two main storage tanks are said to be damaged
October 13th, 2019 - 06:00 GMT

Explosion in Iranian Tanker off the Saudi Coast

During the signing
October 10th, 2019 - 10:49 GMT

Oman Shell to Commence Exploration Activities in Block 55

In July, Seoul’s crude shipments from the US almost tripled to 14,782 barrels from the year before.
October 10th, 2019 - 07:48 GMT

Saudi Arabia Remains South Korea’s Top Oil Supplier in Absence of Iranian Shipments

Meanwhile, the Organization of the Petroleum Exporting Countries (OPEC) has granted Nigeria a higher oil output target under an OPEC-led supply cut deal.
October 10th, 2019 - 06:57 GMT

Oil Prices Fall Amid No Significant Progress in US-China Trade Talks

Aramco’s regular production of 11.3 million bpd recovered faster than anticipated after the attacks of Sep. 14.
October 9th, 2019 - 10:48 GMT

Saudi Aramco to Produce 12 Million bpd by End of November

The talks stressed the readiness of the GCC armed forces to confront any terrorist threats or attacks, condemning the recent sabotage attacks in the Kingdom.
October 9th, 2019 - 07:57 GMT

Saudi Arabia Reassures World That It Will Fulfill Oil Needs

Aramco came under Yemen’s biggest retaliatory attacks ever on Sept. 11, as a result of which Saudi Arabia lost half of its production capacity.
October 9th, 2019 - 07:38 GMT

Fitch Downgrades Saudi Aramco After Cutting Down the Kingdom's Debt Rating

During the event
October 8th, 2019 - 10:18 GMT

ENOC Group Launches ENOC Link

The purpose of the MoU is to establish and strengthen cooperation in order to carry out activities and share experiences, views, information and best practices in areas of mutual interest.
October 8th, 2019 - 07:39 GMT

OPEC Inks Deal With GECF to Strengthen Cooperation

At its peak, oil production in South Sudan was at 350,000 barrels a day.
October 8th, 2019 - 07:19 GMT

South Sudan Renegotiates Oil Deal With Sudan

During the event
October 7th, 2019 - 09:46 GMT

Oman Oil Marketing Company Highlights Importance of Safety Culture at Oman Workplace Safety and Loss Prevention Conference

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